NOT LISTED FOR SALE

Estimated Value: $467,000 - $537,000

4 Beds
2 Baths
1,682 Sq Ft
$294/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $510,000 $303 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,169/month

3 Days on Market

Highlights

  • Deck
  • No HOA
  • Partially Fenced Property

About This Home

As of January 2023

Great investment opportunity or live in one unit while renting the other in South Tacoma. Stacked duplex with both units vacant. Renovations include new roof, laminate flooring, water heater (main level), gutters, interior/exterior paint, garage doors, trims, countertops, vanity sinks, toilets, and so much more! Each unit has 2 spacious bedrooms and 1 full bath. Both units have W/D hookups. Ample parking with two car detached garage plus addtional uncovered parking. Huge lot, possible subdivision, purchase to verify. Close proximity to shopping/dining, I5 & bus routes for commuters. Two miles from Univ of Tacoma! Come take advantage of this cash flow investment!

Last Listed By

Karina Hayashi

eXp Realty License #21035762 Listed on: 12/02/2022

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2019454

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,714

Year Built

  • Built in 1890

Lot Details

  • 6,630 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,682 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Parking

  • 3 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8935023850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,714

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1890
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1682
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 269

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: TPU
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 8935023850
  • Lot Size Acres: 0.1522
  • Lot Size Sq Ft: 6630
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15.62
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 23296
  • Number Of Units Total: 2
  • Insurance Expense: 895
  • Leasable Area: 1682
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3714
  • AdditionalTaxIds: 8935023850

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Jan 3, 2023
Sold by
Tchogorian Alexandre
Bought by
Costello Sarah
Seller's Agent
Karina Hayashi
eXp Realty
Buyer's Agent
Amy Virago
Keller Williams Realty
List Price
$449,994
Sold Price
$510,000
Premium/Discount to List
$60,006
13.33%
Total Days on Market
3
Views
10
Current Estimated Value
$494,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,332
Avg. Annual Appreciation
-1.26%
Original Mortgage
$510,000
Outstanding Balance
$496,829
Interest Rate
6.58%
Mortgage Type
VA
Estimated Equity
-$2,161

Purchase Details

Closed on
May 16, 2018
Sold by
Gushchina Galina and Tchogorian Aleaxndre
Bought by
Tchogorian Alexandre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2017
Sold by
Kc Capital Llc
Bought by
Tchogorian Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,521
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2017
Sold by
Green Richard L and Green Cornelia R
Bought by
Tchogorian Alex and Kc Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,521
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 1999
Sold by
C J Johnson Bail Bonds
Bought by
Green Richard L and Green Cornelia R

Purchase Details

Closed on
Dec 12, 1997
Sold by
Green Richard L and Green Cornelia R
Bought by
C J Johnson Bail Bonds

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Tacoma, WA

  • 4535 S M St, Tacoma, WA 98418

    $625,000

    • 6 Beds
    • 2 Baths
    • 2,138 Sq Ft
    • 4535 S M St
    • Tacoma, WA

    Investors take note, 2 houses for the price of one. Each house has 3 bedrooms and 1 bath. Completely remodeled and upgraded, brand new appliances, new paint, newer kitchens and roofs and fencing. Separate fenced yards. Storage closets for each unit.

    Herb Scheu Better Properties Sterling

    Section Image
  • 4815 S J St, Tacoma, WA 98408

    $475,000

    • 3 Beds
    • 2 Baths
    • 1,636 Sq Ft
    • 4815 S J St
    • Tacoma, WA

    Great investment property, huge upside in rents. Updated separate electric panels. Separate water heaters. Vinyl double pane windows through out. Drains and water lines updated to ABS and Pex. 2BR kitchen and bath updated. 1BR has updated doors and millwork and bathroom.

    Gary Wilson Wilson Northwest Investments

    Section Image
  • 4033 - 4035 E B St, Tacoma, WA 98404

    $525,000

    • 3 Beds
    • 2 Baths
    • 1,404 Sq Ft
    • 4033 - 4035 E B St
    • Tacoma, WA

    Adorable 1948 Clinker Brick Duplex on a huge lot on a super quiet street. 1-1 Bedroom/1 Bath and 1-2 Bedroom/1 Bath. Great for Investor or Homeowner. Current owner lived in one unit and rented the other. All the charm of vintage details like coved ceilings, arched doorways and built-in cabinets with the convenience of modern updates! Side by side duplex so no upstairs or downstairs neighbors!

    David Todd Lake & Company

    Section Image
  • 602 E 36th St Unit 604, Tacoma, WA 98404

    $559,000

    • 4 Beds
    • 2 Baths
    • 1,643 Sq Ft
    • 602 E 36th St
    • Unit 604
    • Tacoma, WA

    Low maintenance McKinley area duplex up for grabs! Each unit features 2 bedrooms, 1 bathroom, laundry and 1 car garage. The property has an expansive fenced yard, mature landscaping, recent windows/paint/ electrical panels. Roof is in excellent condition and there lots of on site parking. The interior is clean, well appointed and great use of space. Some upgrades could be implemented for an

    Matt Small Coldwell Banker Danforth

    Section Image
  • 201 S 60th St, Tacoma, WA 98408

    $569,995

    • 4 Beds
    • 2 Baths
    • 2,698 Sq Ft
    • 201 S 60th St
    • Tacoma, WA

    Come and see this house hackers dream. Looking for a great home? Looking for a great investment? Want both? This is it. Fully updated in 2020, the home's condition can't be beat. Unit A is a large 2 bed/1bath with recently updated floors, windows, doors and more. It is fresh and clean and currently has a long term tenant. Unit B, the lower unit is also a fully updated 2 bed/1 bath that was

    Danny Altizer Real Broker LLC

    Section Image
  • 4336 4338 S Junett St, Tacoma, WA 98409

    $525,000

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 4336 4338 S Junett St
    • Tacoma, WA

    This well-maintained duplex in the heart of Tacoma presents a strong investment opportunity with future upside. Centrally located near the Tacoma Mall, major freeways, and key amenities, property offers stable rental income in a high-demand area.Major upgrades have already been completed, including a new roof in 2023,new water lines and side sewer in 2006,double-pane vinyl windows, new attic and

    Brian Thayer Keller Williams Rty Tacoma

    Section Image
  • 4331 4333 S Cedar, Tacoma, WA 98409

    $599,995

    • 4 Beds
    • 2 Baths
    • 1,404 Sq Ft
    • 4331 4333 S Cedar
    • Tacoma, WA

    This duplex sits on a spacious 6,510 sqft lot with incredible development potential. Zoned for a seven-plex, this property offers endless possibilities for expansion. Each unit is 702sqft with 2 bedrooms and 1 bath, providing comfortable living spaces. Ample parking available. Conveniently located near Tacoma Mall, dining, freeways, JBLM, and more. Perfect for investors or developers looking for

    Brian Richards Redfin

    Section Image
  • 1051 & 1053 E 34th St, Tacoma, WA 98404

    $468,000

    • 2 Beds
    • 2 Baths
    • 1,268 Sq Ft
    • 1051 & 1053 E 34th St
    • Tacoma, WA

    Investor alert! This fully fenced, corner-lot duplex in a safe and rapidly developing Tacoma neighborhood is a rare find. Both units are tenant-occupied with reliable, below-market, month-to-month rents ($1,350 & 1,500), offering significant upside potential. Each unit features its own laundry, and Unit 1053 has been fully renovated with modern upgrades. The roof is just 1 year old and the

    James Nam Real Broker LLC

    Section Image
  • 4010 S Lawrence St Unit 2, Tacoma, WA 98409

    $559,950

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • 4010 S Lawrence St
    • Unit 2
    • Tacoma, WA

    Discover this fantastic investment opportunity! This multi-family property is close to everything. The units feature hardwood floors, spacious living room. The classic brick exterior not only adds timeless charm but also reduces maintenance costs by eliminating the need for painting. Plenty of storage with carport and unit 4012 has a shed. This 4-bed, 2-bath property spanning 1920 sq. ft. offers

    Marlena Ma Best Choice Network LLC

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Costello Sarah -- Chicago Title
Tchogorian Alexandre -- Nextitle
Tchogorian Alex -- None Available
Tchogorian Alex $132,000 None Available
Green Richard L $20,000 --
C J Johnson Bail Bonds $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Sarah $510,000
Previous Owner Tchogorian Alexandre $179,000
Previous Owner Tchogorian Alexandre $174,250
Previous Owner Tchogorian Alex $179,521
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $510,000 +13.3% $303 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
12/02/2022 12/02/22 For Sale $449,994 -- $268 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,799 $456,600 $203,600 $253,000
2023 $4,799 $431,000 $191,200 $239,800
2022 $3,714 $388,400 $188,100 $200,300
2021 $3,459 $275,000 $108,500 $166,500
2019 $2,824 $249,500 $94,500 $155,000
2018 $3,023 $217,100 $82,200 $134,900
2017 $2,570 $191,200 $60,000 $131,200
2016 $2,262 $138,300 $43,800 $94,500
2014 $2,026 $130,000 $42,600 $87,400
2013 $2,026 $120,000 $39,000 $81,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2019454

Northwest Multiple Listing Service (NWMLS)

APN: 893502-3850